Crypto Domains Ledger 2022

discuss topics of the cryptocurrency world…Crypto Domains Ledger. utilizing analogies stories and examples so that you can quickly comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that suggests for people getting into the complex crypto space before we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love utilizing examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns stands for domain service which is an elegant method of stating that it is a practical service which enables us humans to key in human understandable addresses into the search bar and after that it will immediately turn them into machine understandable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the internet knows how to talk specifically to another computer system somewhere else and not simply yell it into the void that is the web when you key in google.com and you struck enter your computer system sends out a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are searching for them and then gets a bundle back to send out to you now the plan is then unpacked by your computer system to show you the totality of the google.com home page utilizing complex mathematics and software all of this

interaction happens behind the scenes however to you it’s simple and user friendly in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that it makes good sense to us so that’s basically what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i simply pointed out except it’s for ethereum ens represents ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you do not have 20 and you want to support the channel do not hesitate to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work developing but anyways if you’re not used to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d have to share

Present domain name register to release domain name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to wherever you want whatever wallet you desire with ease okay so now let’s jump into my laptop computer and enter into the tutorial section of the video where i want to show you unstoppable domain names how to get a domain name how to set up a particular wallet so you can connect the domain that you bought to your wallet etc so you can actually understand how to properly use unstoppable domain names so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to start with this site is very basic you just come here and after that you enter the domain name that you desire right here and then click search now i want simply want to mention that they do have particular price points for how many characters are in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i believe i’ll pass however anyways let me go ahead and just add this to cart for presentation purposes we’ll go to the carts which’s it okay and

then you click here checkout and that’s it therefore you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s flexible i like it’s that it’s not one of those unusual crypto sites where you have to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you wish to use okay which’s it therefore once you’re all set then you’ll have your my domain name list in your account therefore we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to declare your crypto domain address now the reason that you ‘d wish to go through the procedure and really claim uh your domain addresses since one then you really own it then two you can do whatever you desire with it if you wish to go sell it on some type of like nft marketplace you can proceed and do that okay so much like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it resembles a hot wallet i guess you understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i just wish to briefly mention at the time of this video that there are a few methods to declare your domain name the very first method is that you need to purchase a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas fees you resemble what are gas costs look this the ethereum network you actually need to pay uh to move things on and off through gas fees second is you can pay the gas costs directly from your own wallet so if you already have a wallet established and you have ethereum in there you can pay with your own ethereum or you can just wait up until august so then they’ll have a scaling solution that makes it easy to claim however anyways to get started is very basic so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we have to send the code by e-mail so click that and so right over here we’ll jump over here and await the code to strike my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll just highlight that right click copy paste there we go boom put that in all right great now you resemble whoa what do i do pick wallet for declaring so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is specifically for ethereum now there are a few different wallets that they recommend so for desktop there’s meta mask for mobile you can

utilize the coinbase wallet trust wallet for me personally i like metamask if you’re going to be using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to get start with metamask is simple meta mask there we go fine so we click here then we wish to download it now click that install metamask for chrome okay and let’s go ahead and add to chrome include extension and there we go alright so now the metamask app is installed on our web browser so we just click get started we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Crypto Domains Ledger